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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $274 163 Surgical Supplies $125

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Data related to the inventories of Costco Medical Supply are presented below: Selling price Cost Costs to sell Surgical Equipment $274 163 Surgical Supplies $125 101 Rehab Equipment $337 283 Rehab Supplies $ 146 146 7 24 10 21 In applying the lower of cost or net realizable value rule, the Inventory of rehab equipment would be valued at Multiple Choice $283 $316 $275 $218

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